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Recent US labor market data shows a slowdown, with initial unemployment claims rising to the highest since October 2021. The Bureau of Labor Statistics (BLS) faces criticism after revising job creation figures downward by 911,000, raising concerns over data accuracy and political influence. The firing of BLS head McEntarfer highlights tensions over data integrity. Today's date & time: Thu, 18 Sep 2025 14:25:38 +0100.
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Federal Reserve Chair Jerome Powell signaled that the economic outlook remains unchanged since September, despite delays in official data caused by the government shutdown. The Fed is considering ending its balance sheet reduction and continues to forecast rate cuts this year, amid divided opinions on inflation and employment risks.
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US job cuts declined in September but remain high, with nearly 950,000 layoffs this year. Hiring plans are weak, and wage transparency is decreasing in the UK amid rising costs and economic uncertainty. Both markets face ongoing challenges, with potential rate cuts and automation strategies shaping the outlook.
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The US housing market shows signs of stagnation with record-low home turnover rates, rising mortgage rates, and declining homeownership. Fewer homes are changing hands, and buyer activity remains subdued amid economic uncertainty and high prices, impacting affordability and mobility.
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US employment increased by 119,000 jobs in September, exceeding forecasts, but underlying weaknesses persist. Rising layoffs, hiring decoupling, and economic risks continue to shape the labor market outlook as analysts debate AI's impact and recession signals.
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US jobless claims increased by 44,000 to 236,000 for the week ending December 6, surpassing forecasts. Meanwhile, layoffs are rising, and job openings remain steady, indicating a sluggish labor market amid ongoing economic uncertainty. The Federal Reserve is expected to consider rate cuts amid inflation concerns.